2merkato

Ethiopia is willing to host Institute of Electrical and Electronics Engineers (IEEE) branch office in Addis Ababa, according to its communication technology minister.

Ministry of Industry (MoI) withdrew incentive packages and privileges it gives to foreign companies that operate in Ethiopia. The move came for the companies are selling their products to the local market while they were supposed to export them.

Ethiopia is awarded an international award for making tourism resources a major source of income.
During a panel discussion that started on Wednesday, July 16, 2014,

The Ethiopian Ministry of Mines is engaged in activities to ensure the development of mining and petroleum exploration investment in the country according to Sinknesh Ejjigu, Minister for Mines.

The MoM is undertaking activities to ensure that the sector grows in the current fiscal year she said in a quarterly report presented to the Natural Resource Development and Environmental Conservation Affairs Standing Committee of the House of Peoples' Representatives.

There are plans to conduct studies to better support and coordinate the development of traditional mining as well as to facilitate for large scale mining investment project said Sinknesh. A range of programs have already been launched towards building the capacity of traditional miners and to encourage others to engage in the sector allowing women and young people to be a part of the sector she added.

Ethiopian Investment Commission (EIC) announced that Ethiopia was working towards establishing special economic zones with a view to improving international trade connectivity and attracting foreign direct investment. To realize this goal, a draft proclamation on special economic zones is prepared which is aimed at promoting regional and international trade relations by enhancing the environment of free trade zones and industrial parks.